European Legal Studies Center
Multilateral corporations’ activities span across global markets. Yet antitrust laws regulating those activities remain national. Europeans can ban American companies from merging, tell American companies how to design their products, or determine what kind of discounts American companies are permitted to offer to their customers. Chinese can impose conditions on off-shore mergers. And Brazilians can insist on reviewing a transaction with minimal connections to the Brazilian market.
Antitrust Law in Global Markets,
Elhauge, Einer R., Research Handbook on The Economics of Antitrust Law, Chapter 11
Available at: https://scholarship.law.columbia.edu/faculty_scholarship/1976